|Bid||6.81 x 43500|
|Ask||6.82 x 43500|
|Day's range||6.77 - 6.92|
|52-week range||3.96 - 9.65|
|Beta (5Y monthly)||1.30|
|PE ratio (TTM)||N/A|
|Earnings date||27 Oct 2020|
|Forward dividend & yield||N/A (N/A)|
|Ex-dividend date||29 Jan 2020|
|1y target est||7.28|
A new CEO will be driving into Ford's C-suite.
Ford Motor Company (NYSE: F) announced today that its CEO, Jim Hackett, who has led the company since 2017, has elected to retire. As was widely expected, Hackett will be succeeded by Jim Farley, a longtime Ford executive who became the company's chief operating officer earlier this year. Hackett will serve as a "special advisor" to Ford from Oct. 1 until he retires on March 31, the company said.
Farley, 58, will be Ford’s fourth CEO since 2014. Executive Chairman Bill Ford said the company had not considered outside candidates. “I wouldn’t expect any big surprises,” Ford said in terms of additional management changes.